Bitcoin Has Exceeded $40K Once Again

Bitcoin has exceeded $40K once again today. Leading cryptocurrency Bitcoin continued its rise on the eighth day.

Bitcoin continued to rise on the eighth day and passed $ 40 thousand. Thus, Bitcoin showed the longest lasting increase series of the year. The largest cryptocurrency BTC continued to rise in the eighth day and today it exceeded the level of 40 thousand dollars once again with an increase of 5.8 percent. Other cryptocurrencies like Ethereum (ETH) also rose trailing the rise of Bitcoin. Delta Exchange CEO Pankaj Balani stated in a note that Bitcoin is on its way to the 45 thousand level, but it will take some time for it to reach above 50 thousand. Positive comments by billionaire Elon Musk and Ark Investment played a role in the recent rise, and it was claimed that Amazon would accept payments with Bitcoin, but this news was denied in a short time. It is stated that regulatory authorities in China, the United States and Europe are considering imposing increasingly stringent rules on cryptocurrencies, which may limit the possible rise. Leading cryptocurrency Bitcoin rose to $ 65,000 in mid-April, breaking an all-time record right before its fall.